Industrial output rises to 6.8 percent in first quarter

September 11th, 2009 NEW DELHI - Further signs of recovery in India's industry emerged Friday with the latest official data indicating a 6.8 percent growth in July over the like month last year. Notably, the manufacturing output rose 6.8 percent during the month, as per the data on the index of industrial production released by the Central Statistical Organisation here.

September 11th, 2009 NEW DELHI - Further signs of recovery in India's industry emerged Friday with the latest official data indicating a 6.8 percent growth in July over the like month last year. Notably, the manufacturing output rose 6.8 percent during the month, as per the data on the index of industrial production released by the Central Statistical Organisation here.

August 31st, 2009 NEW DELHI - India registered a 6.1 percent economic growth during the first quarter of this fiscal (April-June), even as the manufacturing sector's output expanded by a relatively lower rate of 3.4 percent, official statistics said Monday. The farm sector registered a 2.4 percent growth during the period under review, while services industries logged the maximum expansion of over 8 percent, showed the data on national income released by the Central Statistical Organisation (CSO).

August 12th, 2009 NEW DELHI - Further signs of recovery in India's industrial sector emerged Wednesday with the latest official data indicating a 7.8 percent growth in June over the like month the previous year. Notably, the manufacturing output rose 7.3 percent during the month, as per the data on the index of industrial production released by the Central Statistical Organisation here.

July 23rd, 2009 NEW DELHI - Signalling a recovery for Indian industry, the output of six core infrastructure sectors expanded 6.5 percent in June against 2.8 percent in the previous month, official data showed Thursday. The six core infrastructures industries, comprising crude oil, refined petroleum fuels, coal, electricity, cement and finished steel, with a collective weight of 26.7 percent in the industrial production index, had grown by 5.1 percent in June last year.

July 10th, 2009 NEW DELHI - India's industrial production registered 2.7 percent growth in May - the highest since September last year - signalling economic recovery, fresh data showed Friday. The index of industrial production (IIP) had expanded by 1.4 percent in April, signalling the early signs of recovery.

June 12th, 2009 NEW DELHI - India's industrial output grew 1.4 percent in April as against a decline of 0.75 percent in March, in what analysts said can be taken as early signs of recovery. Data on index of industrial production (IIP) released by the commerce ministry Friday showed that the growth also came after two successive months of decline and was led mainly by a 7.1 percent increase in electricity generation.

May 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive month in March by a steep 2.3 percent compared to the corresponding month last year, according to government data released Tuesday. This was the third fall in four months, goading industry to describe the development as 'a matter of serious concern'.

May 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive month in March by a steep 2.3 percent compared to the corresponding month last year, according to government data released Tuesday. This was the third fall in four months.

May 12th, 2009 NEW DELHI - India's industrial output fell for the third consecutive time in four months in March by a steep 2.3 percent compared to the same month last year, according to data released by the government Tuesday. Production in the manufacturing sector declined 3.3 percent during the month under review from the year earlier.

April 9th, 2009 NEW DELHI - India's industrial output fell 1.2 percent in February against a growth of 9.5 percent in the like month of last fiscal, while the provisional drop reported for January has been revised now to a marginal growth of 0.39 percent. As per data on index for industrial production (IIP) released Thursday, manufacturing output, which accounts for the bulk of the weight in the overall index, declined 1.4 percent in February, against 9.6 percent growth in the like month of last year.

March 30th, 2009 NEW DELHI - Mining sector output grew 3.03 percent in the first nine months this fiscal as compared to the corresponding period last fiscal, while it was 6.4 percent more in December than that in the corresponding month the year before, fresh statistics revealed Monday. However, production of gold decreased 2.75 percent in December, in comparison to the same month in 2007-08, while copper maintained comparable levels.

March 27th, 2009 NEW DELHI MA - Despite an 8.3 percent growth in cement production and 6 percent in coal output, the composite index for six core industries logged a mere 2 percent expansion in February, against 7 percent in the like month of last fiscal. Data released by the commerce and industry ministry Friday showed that the cumulative growth in the six core infrastructure industries was 3 percent for the first 11 months of this fiscal, against 5.8 percent for the corresponding period of last fiscal.

January 19th, 2009 MUMBAI - United Breweries' net profit soared 67 percent to Rs.69.3 million for the quarter ended Dec 31 as compared to Rs.41.5 million in the corresponding period of the previous year, the company said Tuesday. Its total income, however, declined 11 percent to Rs.917.5 million for the quarter under review from Rs.1,029.10 million in the corresponding period last year.

January 19th, 2009 MUMBAI - Leading drug manufacturer, Dr. Reddy's Laboratories, Tuesday announced its net profits were up 10 percent to reach Rs.1.9 billion in the third quarter this fiscal.